PM inaugurates ground breaking of Pakistan-China Optic Fibre Cable network

Thu, 19 May 2016, 8:18 AM

GILGIT, May 19 (APP): Prime Minister Muhammad Nawaz Sharif Thursday said the ambitious China Pakistan Economic Corridor (CPEC) would not only bring prosperity to the region but also help put an end to extremism and terrorism.

Addressing the ground breaking of the 820 km long Optic Fibre Cable linkage between Khunjrab and Rawalpindi, the Prime Minister also directed extending its linkages to other CPEC project areas.

The Prime Minister said the world has transformed over the
years and now “Knowledge-based economy” was the buzzword. He urged the youth, particularly of Gilgit and Baltistan to get ready for the challenges ahead and strive for excellence.

PM administers oath to six members of GB Council

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Thu, 19 May 2016, 8:12 AM

PM administers oath to six members of GB Council

GILGIT, May 19 (APP): Prime Minister Muhammad Nawaz Sharif Thursday administered oath of office to six members; elected by the Gilgit Baltistan Legislative Assembly.

The Prime Minister in his capacity as Chairman Gilgit
Baltistan Council administered the oath.

The six new members who joined the 12-member Council after their oath include Syed Afzal, Sultan Ali Khan, Ashraf Sada, Syed Abbas Rizvi, Arman Shah and Wazir Ikhlaq Hussain.

Dar congratulated on successful 11th review with IMF

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Thu, 19 May 2016, 7:59 AM

ISLAMABAD, May 19 (APP): The United States Special
Representative for Afghanistan and Pakistan, Richard Olson Thursday congratulated Finance Minister, Muhammad Ishaq Dar on successful conclusion of 11th review under Extended Fund Facility with International Monetary Fund (IMF).

Richard Olson who called on Finance Minister here was accompanied by US Ambassador, David Hale.

Olson invited Finance Minister to participate in the
forthcoming Pak-US Business Opportunities Conference.

GB Council approves Rs 831.925 million budget for 2015 16

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Thu, 19 May 2016, 7:59 AM

GB Council approves Rs 831.925 million budget for 2015 16

GILGIT, May 19 (APP): Gilgit Baltistan Council, in its 9th session chaired by Prime Minister Muhammad Nawaz Sharif here on Thursday, approved the council’s annual budget of Rs 831.925 million for the fiscal year 2015 16.

Federal Minister for Kashmir Affairs and Gilgit Baltistan Barjees Tahir while initiating proceedings of the session, expressed gratitude to the Prime Minister for personally coming to Gilgit Baltistan (GB), for the Session.

Barjees Tahir expressed the hope that Members of the Council would deliberate and make decisions to realize the vision of Prime Minister for the development and prosperity of Gilgit Baltistan at par with rest of the country.

National Savings collects Rs 201 bln in 10 months

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Thu, 19 May 2016, 7:55 AM

ISLAMABAD, May 19 (APP): Central Directorate of National
Savings (CDNS) collected Rs 201 billion against the proportionate target of Rs 253 billion by May 5, during the current fiscal year (2015-16), a CDNS official said on Thursday.

The official said that the estimated target of the national
savings for the year 2015-16 had been set at Rs 304 billion.

Likewise, he said during the first quarter of the current
fiscal year, the CDNS collected Rs 82 bln against the
proportionate target of Rs 66 bln.

Chinese Admiral Wu Shengli holds Pakistan’s highest military award

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Thu, 19 May 2016, 7:34 AM

Chinese Admiral Wu Shengli holds Pakistan's highest military award

KARACHI, May 19 (APP): Admiral Wu Shengli, Commander PLA (Navy) China, has been conferred with Pakistan’s highest Military Award, Nishan-e-Imtiaz (Military), Thursday.

The Award has been conferred in recognition of his distinguished services and significant contributions in strengthening the bilateral relations between Pakistan and China in general and Navies of both the friendly nations in particular, said a statement.

Federal Minister for States and Frontier Regions Abdul Quadir
Baloch conferred the award at an impressive ceremony held here at Pakistan Navy Dockyard.

PM inaugurates GB CPEC Police Hqs

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Thu, 19 May 2016, 7:33 AM

GILGIT, May 19 (APP): Prime Minister Mohammad Nawaz Sharif Thursday inaugurated the Gilgit-Baltistan CPEC patrolling police headquarters.

Inspector General Gilgit Baltistan Zafar Iqbal Awan briefed the Prime Minister about the working and composition of the new force that would patrol the 439-kilometer stretch of the China-Pakistan Economic Corridor project.

The Prime Minister was informed that the patrolling force would comprise around 300 personnel and would ensure safe and smooth flow of traffic on the road.

NA passes 22nd Constitutional Amendment Bill, 2016

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Thu, 19 May 2016, 7:27 AM

ISLAMABAD, May 19 (APP): The National Assembly on Thursday passed the constitutional (22nd Amendment) Bill, 2016 unanimously with two-third majority on eligibility criteria for appointment of Chief Election Commissioner (CEC) and members of the Election Commission of Pakistan (ECP).

The bill was moved by Minister for Law and Justice Zahid Hamid.

According to the Law, at present only retired Judges of Supreme Court or High Court are eligible for appointment as Chief Election Commissioner or Members, respectively.

Currency rates of NBP

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Thu, 19 May 2016, 7:11 AM

KARACHI, May 19 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday.

U.S.A 105.55/
103.04

S.ARABIA 28.00/
26.35

U.K 153.82/
150.17

JAPAN 0.9595/
0.9362

EURO 118.44/
115.64

U.A.E 28.73/
26.34

Pakistani Americans hail formation of parliamentary committee to finalise TORs on Panama issue

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Thu, 19 May 2016, 6:50 AM

WASHINGTON, May 19 (APP): Members of the Pakistani American Community hailed Prime Minister Muhammad Nawaz Sharif’s address in the parliament to respond to concerns over Panama Papers and formation of a parliamentary committee to finalise Terms of Refereces (TORs) for resolving the controversial issue.

Perturbed over the state of affairs in their motherland, many prominent members of the Pakistani American community in the metropolitan Washington area and from neighbouring states of Maryland and Virginia called for avoiding steps that could derail the hard-earned democracy after years of dictatorial governments.

A leading member of Pakistani-American doctor’s association, APPNA, Dr Talha Siddiqui hailed a decision by the Prime Minister to clarify his position before the parliament which, he said, was a supreme elected body and should be a forum to take up issues of national importance.

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Associated Press Of Pakistan

PM inaugurates ground breaking of Pakistan-China Optic Fibre Cable network

PM administers oath to six members of GB Council

Dar congratulated on successful 11th review with IMF

GB Council approves Rs 831.925 million budget for 2015 16

National Savings collects Rs 201 bln in 10 months

Chinese Admiral Wu Shengli holds Pakistan’s highest military award

PM inaugurates GB CPEC Police Hqs

NA passes 22nd Constitutional Amendment Bill, 2016

Currency rates of NBP

Pakistani Americans hail formation of parliamentary committee to finalise TORs on Panama issue

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